Blockchain technology produced a new business model; one that enables companies to profit through creating and releasing open-source code. The decentralisation of business orgs creates new corporate ...

Management Science, Vol. 51, No. 1, Incentives and Coordination in Operations Management (Jan., 2005), pp. 106-119 (14 pages) This paper develops and analyzes a principal-agent model for product ...

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Over the years there have been a number of attempts at solving the principal/agent problem. Apple's the latest to try and do so and it has to be said that their attempt is likely to avoid most of the ...

Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Erika Rasure is globally-recognized as a leading consumer economics subject ...